In this Individual Assignment, you will extend the general ecosystem and stakeholder analysis that you conducted in your Shared Activity in this unit by also conducting a thorough and critical competitive environment (five forces) analysis of the organisation you have chosen for your Final Project.
To prepare for this Individual Assignment:
• Examine and critically review the peer and faculty feedback that was offered during the Shared Activity.
• Review the Readings and, in particular, examine the works by Porter (2008) and Pitt and Koufopoulos (2012: Chapter 3).
• Review the Tools for Your Strategic Thoughts document and consider how to best deploy them. You are not required to use the pre-designed templates, but you will be responsible for a robust and complete analysis with implications clearly stated.
• Consider the implications of the articles by Nandakumar, et al. (2010) and Andrews and Morgen (2013) as you develop the final draft of your Individual Assignment.
To complete your Individual Assignment:
• Examine and critically incorporate peer and Faculty Member feedback offered during the Shared Activity to modify and improve your general ecosystem and stakeholder analysis work.
Note: This draft is not meant to be a wholesale but rather an inclusion of any important changes based on peer feedback recently given.
• Conduct a thorough and well-argued competitive forces analysis (focusing on the Porter (2008) framework and work by Pitt and Koufopoulos (2012: Chapter 3).
• Be sure to support your postings with evidence from the Readings.Consult the Harvard Referencing Style Guide for proper citation and referencing information.
Shared Activity: Mapping and Evaluating the General External Ecosystem of an Industry-Economic Sector
In this Shared Activity, you will conduct research and perform critical analyses of the general external ecosystem, including a detailed stakeholder analysis, of the organisation that you are studying as part of your Final Project for this module. You will examine and probe the work of your peers, and then offer potential critical directing questions and specific and constructive ideas for improving your peers' work.
Note: The work you do for this assignment will be incorporated into your Final Project.
To prepare for this Shared Activity:
• Review the Readings and, in particular, examine the Scanstep framework in Pitt and Koufopoulos (2012: Chapter 2).
• Review the Tools for Your Strategic Thoughts document and consider how to best deploy them. You are not required to use the pre-designed templates, but you will be responsible for a robust and complete analysis with implications clearly stated.
To complete this Shared Activity:
• Conduct a thorough and well-argued general external ecosystem analysis for the industry of the organisation you have chosen.
Be sure to explain what the strategic implications of your analysis are and how the set of implications limits or shapes your strategic recommendations.
Be sure to identify specific future strategy actions and recommendations based on your evaluation of options and to provide a basic defense of why your recommended actions are the most appropriate.
• Conduct a thorough and well-argued stakeholder analysis for the industry of the organisation you have chosen.
Be sure to explain what the strategic implications of your analysis are and how the set of implications limits or shapes your strategic recommendations.
Be sure to identify specific future strategy actions and recommendations based on your evaluation of options and to provide a basic defense of why your recommended actions are the most appropriate.
• You may want to attach either a worksheet or other table or visual as part of your analysis.
• Review your colleagues' posts.
• Respond to two or more of your peers by probing the work of your peers and then offer potential critical directing questions and specific and constructive ideas for improving your peers' analyses.
• Be sure to support your postings with evidence from the Readings.and other sources. Consult the Harvard Referencing Style Guide for proper citation and referencing information.